VanEck India Growth Leaders ETF (NYSEARCA:GLIN) Short Interest Down 75.4% in August

VanEck India Growth Leaders ETF (NYSEARCA:GLIN) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 469 shares, a decrease of 75.4% from the August 15th total of 1,908 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 6,259 shares, the short-interest ratio is currently 0.1 days.

VanEck India Growth Leaders ETF Stock Up 1.4%

VanEck India Growth Leaders ETF stock traded up $0.61 during midday trading on Friday, hitting $45.20. 1,278 shares of the stock were exchanged, compared to its average volume of 55,775. VanEck India Growth Leaders ETF has a 52-week low of $38.71 and a 52-week high of $47.94. The stock has a market capitalization of $94.02 million, a price-to-earnings ratio of 15.62 and a beta of 0.68. The business’s 50-day moving average price is $45.50 and its 200-day moving average price is $44.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in shares of VanEck India Growth Leaders ETF during the 2nd quarter worth $37,000. Royal Bank of Canada raised its position in VanEck India Growth Leaders ETF by 11.1% in the fourth quarter. Royal Bank of Canada now owns 3,865 shares of the company’s stock worth $178,000 after acquiring an additional 387 shares during the period. J. Safra Sarasin Holding AG purchased a new position in VanEck India Growth Leaders ETF in the first quarter valued at about $264,000. Ascent Advisors LLC bought a new position in shares of VanEck India Growth Leaders ETF during the 1st quarter valued at approximately $302,000. Finally, Susquehanna International Group LLP bought a new position in shares of VanEck India Growth Leaders ETF during the 3rd quarter valued at approximately $477,000.

About VanEck India Growth Leaders ETF

The VanEck India Growth Leaders ETF (GLIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of growth companies in India. GLIN was launched on Aug 25, 2010 and is managed by VanEck.